Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Oldeconomybuyer

NAS100 is down 800+ points(-13.7%). That’s actually up from the 1000 points it was down a couple hours ago.

US 10 Bond is a 13-month low. The dollar index was down to 102.6 on Monday, hitting its lowest level since mid-January.

Apple is down over 8% and Nivdia is down over 9%.

Of course the experts are blaming the FEDS for not cutting rates sooner, but the true reason is that the underlying economic numbers have sucked for quite a while now. The BLS has been cooking the books on the jobs numbers for a couple of years. The Democrats and their loyal media have just refused to report on it.


7 posted on 08/05/2024 3:31:42 AM PDT by CFW
[ Post Reply | Private Reply | To 1 | View Replies ]


To: CFW
The BLS has been cooking the books on the jobs numbers for a couple of years. The Democrats and their loyal media have just refused to report on it.

If the BLS has been cooking the books for a couple of years, why would they stop now a few months before the election? If they are manipulating numbers, it is more likely they decided to push some of the job creation forward from Friday's report to a month and two closer to November.
20 posted on 08/05/2024 3:52:29 AM PDT by Chad_the_Impaler
[ Post Reply | Private Reply | To 7 | View Replies ]

To: CFW
The job numbers have seemed realistic to me, but highly misleading.

One of the issues that doesn’t get enough attention is that we have growing numbers of able-bodied adults in this country who don’t work at all. That is an enormous drag on overall productivity and ultimately a drain on the entire nation.

21 posted on 08/05/2024 3:52:39 AM PDT by Alberta's Child (“Ain't it funny how the night moves … when you just don't seem to have as much to lose.”)
[ Post Reply | Private Reply | To 7 | View Replies ]

To: CFW

Blame anything but the truth.


114 posted on 08/05/2024 10:12:37 AM PDT by Sequoyah101 (More important than why there was nobody protecting the AGR roof, how did Crooks know that?)
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson